Artists Ensemble Theater NFP

Analysis

Artists Ensemble Theater NFP is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Artists Ensemble Theater NFP reported income of $172k and spending of $206k, spending 120% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income fell from $232k to $172k (-26%), an average of -14% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Artists Ensemble Theater NFP sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Seaoc Foundation ($172k), Folsom Concert Association ($172k) and Society for Economic Dynamics ($172k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $61k against liabilities of $1,810, net assets of $59k.